Arkham Intelligence has reportedly uncovered the Bitcoin addresses associated with Tesla and SpaceX, which are estimated to hold assets exceeding $1.3 billion.

Based on an announcement from Arkham on social media, the cryptocurrency intelligence firm claims to have pinpointed Tesla and SpaceX’s Bitcoin addresses through detailed scrutiny. They suggest that these addresses correspond with the companies‘ earlier financial disclosures.

Tesla and SpaceX’s Bitcoin Holdings

“The on-chain transaction trails we’ve traced align with financial reports from Tesla and SpaceX,” remarked Arkham.

“Our analysis indicates that Tesla is in possession of 11.51K BTC ($780M) across 68 addresses, while SpaceX safeguards 8.29K BTC ($560M) within 28 addresses,” articulated Arkham.

Collectively, the two renowned entities hold a staggering 19,794 BTC, as per Arkham’s findings. Given the current market rate of $67,210 per Bitcoin, the aggregate worth of their holdings surpasses $1.33 billion.

“Tesla’s journey with Bitcoin includes a $1.5B acquisition in January 2021, followed by two sales: a $272M liquidation in Q1 2021 and a $936M offload in Q2 2022,” outlined the firm.

The announcement also unveiled that between March 24 and May 12, 2021, Tesla embraced Bitcoin as a payment method for its vehicles.

“Our Tesla Intel Exchange Bounty unveiled a vehicle purchase linked to this extensive cluster of Tesla’s Bitcoin holdings,” disclosed Arkham.

Elon Musk Criticizes OpenAI’s Strategy

Elon Musk, a pivotal figure in the inception of the AI research entity, has recently stirred the cryptocurrency community with his critique of ChatGPT’s creator, OpenAI, branding it as “ClosedAI” through a series of social media memes on March 6.

Musk’s satire emerges amidst his legal confrontation with OpenAI CEO Sam Altman, accusing him of deviating from the organization’s foundational principles of open-source and non-profit operation.

The cryptocurrency sphere is abuzz with conjectures about the far-reaching implications of Musk’s stance.

The crypto community has shown robust support for Musk’s criticism, particularly in light of his endeavors to integrate Grok AI, a chatbot developed by Musk’s own startup xAI, into the X platform.

David Gokhshtein, a prominent figure in the crypto world, suggested that Musk should contemplate acquiring OpenAI, drawing a parallel to his takeover of Twitter.